NOT LISTED FOR SALE

238 E 85th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $704,000 - $810,000

5 Beds
3 Baths
2,050 Sq Ft
$375/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $480,000 $234 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,604/month

27 Days on Market

Highlights

  • Gated Parking
  • 1-Story Property
  • 3-minute walk to Wall Street Park
  • Built-In Features

About This Home

As of June 2016

EXQUISITELY REMODELED 2 HOUSES ON A LOT! FRONT 3 BED 2 BATH & BACK 2 BED 1 BATH. FRONT HOUSE HAS BRAND NEW CUSTOM KITCHEN W/BEAUTIFUL GRANITE COUNTERS & MARBLE BACK SPLASH, TOP OF THE LINE STAINLESS STEEL APPLIANCES, RECESSED LIGHTING & ALL NEW QUALITY LAMINATE FLOORING AND MUCH MORE! MOVE IN READY WITH NO WORK NEEDED! BACK HOUSE HAS BRAND NEW OPEN CONCEPT KITCHEN W/GRANITE COUNTERS,MARBLE BACK SPLASH,ALL NEW TOP OF THE LINE APPLIANCES & NEW FLOORS! MOVE IN READY!BOTH FRONT AND BACK HOUSES HAVE PRIVATE BACK YARDS, FULLY LANDSCAPED! GARAGE CONVERTED TO HUGE REC ROOM WITH FAN LIGHTS & LAMINATE FLOORING! (EASY TO CONVERT BACK, HAS SLIDING ALLEY DRIVEWAY GATE ACCESS) SEPARATE FRONT PARKING FOR SEVERAL CARS WITH CARPORT AND WROUGHT IRON FENCING & DRIVEWAY GATES.)

Last Agent to Sell the Property

Michael Baron

Baron Real Estate & Devel. Co. License #00849540 Listed on: 05/11/2016

Last Buyer's Agent

JOSE MARQUEZ

License #01846623

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 5,208

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Gated Parking

Additional Features

  • 5,208 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6030-018-009
  • $2,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: EXQUISITELY REMODELED 2 HOUSES ON A LOT! FRONT 3 BED 2 BATH & BACK 2 BED 1 BATH. FRONT HOUSE HAS BRAND NEW CUSTOM KITCHEN W/BEAUTIFUL GRANITE COUNTERS & MARBLE BACK SPLASH, TOP OF THE LINE STAINLESS STEEL APPLIANCES, RECESSED LIGHTING & ALL NEW QUALITY LAMINATE FLOORING AND MUCH MORE! MOVE IN READY WITH NO WORK NEEDED! BACK HOUSE HAS BRAND NEW OPEN CONCEPT KITCHEN W/GRANITE COUNTERS,MARBLE BACK SPLASH,ALL NEW TOP OF THE LINE APPLIANCES & NEW FLOORS! MOVE IN READY!BOTH FRONT AND BACK HOUSES HAVE PRIVATE BACK YARDS, FULLY LANDSCAPED! GARAGE CONVERTED TO HUGE REC ROOM WITH FAN LIGHTS & LAMINATE FLOORING! (EASY TO CONVERT BACK, HAS SLIDING ALLEY DRIVEWAY GATE ACCESS) SEPARATE FRONT PARKING FOR SEVERAL CARS WITH CARPORT AND WROUGHT IRON FENCING & DRIVEWAY GATES.)
  • Living Area: 2050
  • Stories: 1
  • Year Built: 1934
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 238.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Gated
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 159187
  • Assessed Land Value: 289948
  • Assessor Parcel Number: 6030-018-009
  • Geocode Override: No
  • Lot Size Area: 5208

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 8.80
  • Number Of Units: 2
  • Type Of Units: 2 HOUSES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 22, 2016
Sold by
Tijerin Yolanda
Bought by
Villanueva Jose
Seller's Agent
Michael Baron
Baron Real Estate & Devel. Co.
Buyer's Agent
JOSE MARQUEZ
List Price
$479,000
Sold Price
$480,000
Premium/Discount to List
$1,000
0.21%
Current Estimated Value
$769,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,163
Avg. Annual Appreciation
5.06%
Original Mortgage
$471,306
Outstanding Balance
$378,731
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$390,432

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 10, 2016
Sold by
Alexis Re Holdings Inc
Bought by
Villanueva Jose and Villanueva Jesus
Seller's Agent
Michael Baron
Baron Real Estate & Devel. Co.
Buyer's Agent
JOSE MARQUEZ
List Price
$479,000
Sold Price
$480,000
Premium/Discount to List
$1,000
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,306
Outstanding Balance
$378,731
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$390,432

Purchase Details

Listed on
Oct 23, 2015
Closed on
Dec 31, 2015
Sold by
Guzman Rosa Neli
Bought by
Alexis Re Holdings Inc
Seller's Agent
Boanerges Calderon
Amberwood Real Estate
Buyer's Agent
Boanerges Calderon
Amberwood Real Estate
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
302.86%
Original Mortgage
$209,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2006
Sold by
Guzman Rosa Neli and Guzman Rosa
Bought by
Guzman Rosa Neli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,750
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Williams Everett E and Everett E Williams Living Trus
Bought by
Guzman Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1993
Sold by
Williams Everett E
Bought by
Williams Everett E and Everett E Williams Living Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Villanueva Jose -- Nations Title Of California
Villanueva Jose $480,000 Nations Title Company Of Ca
Alexis Re Holdings Inc $260,000 None Available
Guzman Rosa Neli -- Fidelity National Title Co
Guzman Rosa $395,000 Fidelity National Title Co
Williams Everett E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villanueva Jose $471,306
Previous Owner Alexis Re Holdings Inc $209,000
Previous Owner Guzman Rosa Neli $437,750
Previous Owner Guzman Rosa $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2016 06/28/16 Sold $480,000 -1.8% $234 / Sq Ft
06/09/2016 06/09/16 Price Changed $489,000 +2.1% $239 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $479,000 +84.2% $234 / Sq Ft
01/19/2016 01/19/16 Sold $260,000 -5.5% $168 / Sq Ft View Prior Sale
11/20/2015 11/20/15 Pending -- -- --
09/13/2014 09/13/14 For Sale $275,000 -- $177 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,986 $568,213 $369,339 $198,874
2024 $6,986 $557,073 $362,098 $194,975
2023 $6,854 $546,151 $354,999 $191,152
2022 $6,538 $535,443 $348,039 $187,404
2021 $6,455 $524,945 $341,215 $183,730
2020 $6,518 $519,564 $337,717 $181,847
2019 $6,264 $509,378 $331,096 $178,282
2018 $6,190 $499,391 $324,604 $174,787
2016 $5,625 $455,983 $294,369 $161,614
2015 $5,544 $449,135 $289,948 $159,187
2014 $5,572 $440,338 $284,269 $156,069
Source: Public Records

Agents Affiliated with this Home

  • Michael Baron

    Seller's Agent in 2016

    Michael Baron

    Baron Real Estate & Devel. Co.

    (310) 657-9000

    2 Total Sales

    Michael Baron
    Section Image

  • B

    Seller's Agent in 2016

    Boanerges Calderon

    Amberwood Real Estate

    (323) 359-8918

    6 Total Sales

    Boanerges Calderon
    Section Image

  • J

    Buyer's Agent in 2016

    JOSE MARQUEZ

See All Agents

Map

Source: The MLS

MLS Number: 16-124394

The MLS

APN: 6030-018-009

California Los Angeles County Los Angeles 90003 Florence

238 E 85th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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